Commit To Buy Kate Spade At $35, Earn 10.5% Annualized Using Options
March 14, 2014 at 11:43 AM EDT
Investors eyeing a purchase of Kate Spade & Co (KATE) stock, but cautious about paying the going market price of $37.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $35 strike, which has a bid at the time of this writing of $3.10..
